Reclamation Claim definition
Examples of Reclamation Claim in a sentence
Except for the Equity Interest and the benefits of the other express provisions of this Stipulation, FoxMeyer will neither seek nor obtain any other consideration on account of the Reclamation Claim.
FoxMeyer will dismiss with prejudice any pending contested matter concerning its Reclamation Claim against Phar-Mor.
In the event that a plan of reorganization, other than the Plan, is proposed by Phar-Mor or any other party, the parties hereto agree to use their best efforts to agree upon a settlement of the Reclamation Claim consistent with the economic terms of this Stipulation.
Notwithstanding anything to the contrary contained in the Credit Agreement or any of the other Loan Documents and subject to the terms and conditions set forth herein, the Agent and the Required Lenders hereby consent to the execution and delivery by the Borrowers of the Reclamation Claim Stipulation, so long as the conditions precedent set forth below are satisfied as determined by the Agent.
Kmart also hereby acknowledges and agrees that Cardinal has an Allowed Reclamation Claim (as defined in the Kmart's Motion filed in the Chapter 11 Case dated January 28, 2002) in the amount of $2,786,710.40.